Cap Table FAQ: Common setup, ownership, and transactions

Sample data shows what the cap table will look like once real stakeholders and shareholdings are added.

Replace the sample data by adding your own stakeholders, share classes, and founder shares. Once your own information is added, Undo will start showing the company’s actual ownership structure.

Start with the setup steps shown in the Cap Table area:

Once these are complete, the cap table can show ownership, issued shares, fully diluted ownership, option pool impact, and recent activity.

A stakeholder is anyone connected to the company inside Undo.

This can include:

A shareholder is a stakeholder who already holds shares.

A stakeholder can exist in Undo without appearing as a shareholder yet. For example, an investor can be added with Pending allocation until their shares, options, or convertible instrument are recorded.

Pending allocation means the stakeholder has been added, but no ownership has been recorded for them yet.

They will not fully appear in the cap table until you allocate shares, options, or a convertible instrument.

You can finish the allocation later from the stakeholder profile, Cap Table, Transactions, or Funding Rounds.

Choose New share issue when the company is issuing shares now.

Undo will guide the workflow through the next steps, which may include approvals, generated documents, share certificates, and filing tasks.

Choose Historical share issue when the shares were already issued before the company started using Undo.

This is usually the right option when you are rebuilding the cap table from existing company records, such as founder shares issued at incorporation.

Historical share issues let you record past ownership and upload existing documents instead of generating a new approval process.

Create a historical event when you need to record something that already happened and should be reflected in the cap table history.

This can include:

Historical events help Undo rebuild the ownership timeline and keep later percentages accurate.

Stakeholders shows the people and entities connected to the company.

Ownership shows the actual holdings grouped by share class, including issued and fully diluted views.

Use Stakeholders when you want to find a person or entity.
Use Ownership when you want to understand who owns what.

Issued shows shares that have already been issued.

Fully diluted includes issued shares plus future ownership impact from options, convertibles, or reserved pools.

Use issued ownership for the current legal ownership view.
Use fully diluted ownership when you want to understand the broader ownership picture after options or convertibles are included.

The Option Pool section tracks equity reserved for employees and advisers.

It can show:

Use it when you want to understand how much of the pool is still available and how much has already been granted or exercised.

Some cap table changes create company record or filing tasks.

For example, a share issue may require documents, board approval, SH01 filing, PSC checks, share certificates, or updates to statutory records.

Undo shows these tasks near the transaction so the ownership change and the follow-up work stay connected.